Conductor Global Equity Value ETF (NYSE:CGV) Short Interest Down 69.5% in August

Conductor Global Equity Value ETF (NYSE:CGV) was the target of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 41,820 shares, a decline of 69.5% from the August 15th total of 136,973 shares. Currently, 0.5% of the company’s shares are short sold. Based on an average daily trading volume, of 26,731 shares, the short-interest ratio is currently 1.6 days.

Conductor Global Equity Value ETF Stock Down 0.3%

NYSE:CGV traded down $0.06 during trading hours on Monday, reaching $16.09. The company had a trading volume of 15,240 shares, compared to its average volume of 23,447. The business’s 50-day simple moving average is $15.87 and its two-hundred day simple moving average is $15.97. Conductor Global Equity Value ETF has a twelve month low of $14.15 and a twelve month high of $17.06. The firm has a market cap of $134.47 million, a price-to-earnings ratio of 30.35 and a beta of 0.53.

Conductor Global Equity Value ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Monday, June 29th were issued a dividend of $0.1719 per share. The ex-dividend date was Monday, June 29th. This represents a $0.69 annualized dividend and a yield of 4.3%. Conductor Global Equity Value ETF’s dividend payout ratio is presently 141.51%.

Hedge Funds Weigh In On Conductor Global Equity Value ETF

An institutional investor recently bought a new stake in Conductor Global Equity Value ETF stock. Cary Street Partners Financial LLC purchased a new position in shares of Conductor Global Equity Value ETF (NYSE:CGV) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 25,294 shares of the company’s stock, valued at approximately $373,000. Cary Street Partners Financial LLC owned about 0.31% of Conductor Global Equity Value ETF as of its most recent filing with the Securities and Exchange Commission (SEC). 2.08% of the stock is owned by institutional investors and hedge funds.

About Conductor Global Equity Value ETF

The Conductor Global Equity Value ETF (CGV) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of equity securities issued by companies globally, that exhibit value characteristics. Holdings are selected using technical, fundamental, and quantitative analyses. CGV was launched on Aug 1, 2022 and is managed by Conductor Fund.